Short Interest in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Increases By 247.8%

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totalling 24,000 shares, a growth of 247.8% from the December 15th total of 6,900 shares. Based on an average daily volume of 117,700 shares, the days-to-cover ratio is currently 0.2 days.

iShares Paris-Aligned Climate MSCI USA ETF Price Performance

Shares of PABU opened at $63.88 on Tuesday. The company has a 50-day moving average of $65.77 and a two-hundred day moving average of $63.07. The stock has a market cap of $1.86 billion, a price-to-earnings ratio of 33.30 and a beta of -1.11. iShares Paris-Aligned Climate MSCI USA ETF has a one year low of $52.08 and a one year high of $67.63.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $0.2098 dividend. This is a positive change from iShares Paris-Aligned Climate MSCI USA ETF’s previous dividend of $0.20. The ex-dividend date was Tuesday, December 17th.

Institutional Trading of iShares Paris-Aligned Climate MSCI USA ETF

An institutional investor recently raised its position in iShares Paris-Aligned Climate MSCI USA ETF stock. Syntrinsic LLC boosted its stake in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) by 44.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 38,349 shares of the company’s stock after buying an additional 11,871 shares during the quarter. iShares Paris-Aligned Climate MSCI USA ETF makes up about 0.8% of Syntrinsic LLC’s holdings, making the stock its 14th biggest position. Syntrinsic LLC owned approximately 0.12% of iShares Paris-Aligned Climate MSCI USA ETF worth $2,432,000 as of its most recent filing with the Securities & Exchange Commission.

About iShares Paris-Aligned Climate MSCI USA ETF

The iShares Paris-Aligned Climate MSCI USA ETF (PABU) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of tier-weighted US large- and mid-cap stocks selected and weighted based on ESG criteria that is compatible with the Paris Climate Agreement and carbon reduction goals.